Apr 15, 2016 at 08:41 | Source: Reuters
The Fed is likely to take a pass at its policy meeting later in April and instead will opt to raise the federal funds rate by 25 basis points in June to 0.50-0.75 percent in what will be the second in its first series of rate rises in nearly a decade.
Apr 08, 2016 at 08:54 | Source: PTI
Oil prices rose 5 percent on Wednesday, their biggest advance in three weeks, after the US government reported a surprise draw in domestic crude stockpiles versus market expectations for a new record high.
Apr 08, 2016 at 08:16 | Source: PTI
"Given India's tremendous needs, its very low tax ratio, at 10 percent of GDP, is notable. Accordingly, there is meaningful scope to address tax policy and compliance," Treasury Under Secretary Nathan Sheets told a Washington audience yesterday.
Apr 05, 2016 at 12:28 | Source: Moneycontrol.com
The uneasy calm in financial markets could be dispelled easily by a sudden return of risk-off investor sentiment on incoming data, especially pertaining to China or to US inflation, the RBI has cautioned
Mar 29, 2016 at 15:10 | Source: PTI
The report by DBS said, a 25 bps cut is largely factored in with few quarters also discussing the possibility of a more aggressive 50 bps cut, but there is little scope of a bunched up move.
Mar 18, 2016 at 17:20 | Source: CNBC
The decision comes at a time of renewed hope for Russia's beleaguered economy and businesses with oil and other commodity prices showing tentative signs of recovery.
Feb 29, 2016 at 13:56 | Source: PTI
"Let us look at our achievement compared to last three years of the previous government when the growth had decelerated to 6.3 percent. The growth of GDP has now accelerated to 7.6 percent," he said during the presentation of the Budget 2016-17 proposals in the Lok Sabha.
Feb 29, 2016 at 10:24 | Source: PTI
According to the global financial services major, a sharp fall in working age population growth has lowered potential growth in the US, Japan, Germany, France, Italy, the UK and Asia, and will continue to do so in the coming years.
Feb 26, 2016 at 21:43 | Source: Reuters
Gross domestic product increased at a 1.0 percent annual rate instead of the previously reported 0.7 percent pace, the Commerce Department said on Friday in its second GDP estimate.
Feb 11, 2016 at 14:04 | Source: CNBC
"Similar to the US banking system in its approach to the Global Financial Crisis (GFC), China's banking system has increasingly pursued excessive leverage, regulatory arbitrage, and irresponsible risk taking," Bass, the founder of Dallas-based Hayman Capital, wrote in the letter dated Wednesday.